Description : Which is the right sequence of stages of Internationalization? a. Domestic, Transnational, Global, International, Multinational b. Domestic, International, Multinational, Global, Transnational ... , International, Transnational, Global d. Domestic, International, Transnational, Multinational, Global
Last Answer : Domestic, International, Multinational, Global, Transnational
Description : IBRD also known as _____. a. Exim Bank b. World Bank c. International Monetary fund d. International Bank
Last Answer : World Bank
Description : IBRD stands for _____. a. International Board for Research and Development b. International Bank for Reconstruction and Development c. International Bank for Research Development d. International Barrier For Reconstruction and Development
Last Answer : International Bank for Reconstruction and Development
Description : Buying and selling of products and services from firms in other countries is called A. importing and exporting B. regional alliances C. national alliances D. international alliances
Last Answer : importing and exporting
Description : Classification of international employees include A. expatriates B. host country nationals C. third country nationals D. all of the above
Last Answer : all of the above
Description : Nonverbal communication: A. Includes written communication B. Has no place in international business. C. Include body languages D. Should be learnt by business managers to communicate with foreigners.
Last Answer : Include body languages
Description : Which of the following is NOT a business opportunity generated by globalization? A. Access to low cost labour. B. Cheap International transport. C. Currency crises. D. Less stringent regulation of the business environment.
Last Answer : Cheap International transport.
Description : Markets in which market offerings are bought from sellers for reselling purpose are known AsA. business markets B. reseller markets C. government markets D. international markets
Last Answer : reseller markets
Description : McDonalds is deciding whether to expand into manufacturing kitchen equipment in China. At what level is this decision likely to be made? A. Business B. Corporate C. Functional D. International
Last Answer : Business
Description : In terms of the PESTLE analysis, the liberalizing of international trade and tariff regimes could go in which section or sections? A. Political B. Legal C. Political and economic and legal D. Political and environmental
Last Answer : Political and environmental
Description : International trade and domestic trade differ because of A. Trade restrictions B. Immobility of factors C. Different government policies D. All of the above
Last Answer : All of the above
Description : According to Heckscher and Ohlin theory, what is considered in international Business? A. Difference in factor endowments B. Difference in markets C. Difference in technology D. Difference in ideology
Last Answer : Difference in factor endowments
Description : Modern theory of international trade is based on the view of A. Adam Smith B. Ricardo C. Hecksher and Ohlin D. Hicks
Last Answer : Hecksher and Ohlin
Description : Theory of international trade was given by:- A. Adam Smith B. Ricardo C. Hicks D. Ohlin
Last Answer : Ricardo
Description : With the globalization of markets, the tastes and preferences of consumers world-wide are: A. Becoming similar to the tastes and preferences of American consumers. B. Converging ... by international organizations. D. Being encouraged by multinational organizations to become increasingly similar.
Last Answer : Converging upon a global norm.
Last Answer : Currency crises.
Description : Which of the following is not an International Financial Institution A. ICICI B. IMF C. IDA D. World Bank
Last Answer : ICICI
Description : The main objective of International Monetary Fund (IMF) was to A. Promote International trade B. Help economically backward countries C. Maintain stable exchange rates D. Promote international liquidity
Last Answer : Help economically backward countries
Description : Which of the following is not an International Financial Institution? A. ICICI B. IMF C. D. IDA World Bank
Description : With the admission of one new nations into the SAARC countries, the membership of the organisation has now risen to
Last Answer : 8
Description : Subsidiaries consider the regional environment for policy or Strategy formulation is known as _____. a. Polycentric Approach b. Regiocentric Approach c. Ethnocentric Approach d. Geocentric Approach
Last Answer : Regiocentric Approach
Description : ______ is the application of knowledge which redefines the boundaries of global business. a. Cultural Values b. Society c. Technology d. Economy
Last Answer : Technology
Description : Ultimately ______ was replaced by the ______ on 1st Jan 1995. a. GATS, WTO b. WTO, GATT c. GATT, WTOd. IMF, GATT
Last Answer : GATT, WTO
Description : The first phase of globalization started around 1870 and ended with _______. a. World War I b. World War II c. The Establishment of GATT d. In 1913 when GDP was high
Last Answer : World War I
Description : All societal forces that affect values, actions and beliefs of different groups of people are altogether called A. expatriationB. repatriation C. culture D. economy
Last Answer : culture
Description : Dimension of culture in which masculine values prevail over feminism values is classified as A. masculinity ⁄ femininity B. power distance C. orientation distance D. none of above
Last Answer : masculinity ⁄ femininity
Description : Dimension of culture which defines extent of people how they act as individuals instead of representing as groups is classified as A. orientation distance B. power distance C. individualism D. certainty avoidance
Last Answer : individualism
Description : Concept which defines inequality among nation explained in cultural dimension is classified as A. power distance B. orientation distance C. expatriation distance D. repatriation distance
Last Answer : . power distance
Description : Kind of organization which have integrated worldwide corporate units in different countries is classified as A. alliance enterprise B. global enterprise C. interdependence enterprise D. multinational enterprise
Last Answer : global enterprise
Description : Factors that affect global human resource management are A. economic factors B. societal factorsC. cultural factors D. all of the above
Description : If employee is citizen of India, working in U.S and employed by company whose headquarters are in Japan then employee is classified as A. third country nationals B. third world employees C. expatriates D. host country nationals
Last Answer : third country nationals
Description : Global assignments in which employees are sent for strategic jobs having intercultural understanding are classified as A. development assignments B. non development assignments C. strategic assignments D. managerial assignments
Last Answer : strategic assignments
Description : The corporate governance structure of a company reflects the individual companies’ A. Cultural and economic system. B. Legal and business system. C. Social and regulatory system. D. All of the above.
Last Answer : All of the above.
Description : The goal of corporate governance and business ethics education is to: A. Teach students their professional accountability and to uphold their personalIntegrity to society. B. Change the ... standards by which corporate professionals must operate. D. Increase the workload for accounting students.
Last Answer : Create more ethics standards by which corporate professionals must operate.
Description : The primary stakeholders are: A. Customers. B. Suppliers. C. Shareholders. D. Creditors.
Last Answer : Shareholders.
Description : It was recognized in the 1990s that physical assets are not the only thing that needs to be included in the valuation of a firm. In Europe, firms also included a supplement detailing the: A. Goodwill B. Intellectual capital C. Brand reputation D. Knowledge
Last Answer : Intellectual capital
Description : The following is not considered as an acceptable motivation for foreign assignments: A. Desire for adventure. B. Desire to increase chances of promotion.106 C. Escape from boredom of present assignment. D. Desire for luxry
Last Answer : Escape from boredom of present assignment.
Description : In 90’s the global management perception was based on A. Standardization v/s adaptation B. Globalization v/s localization C. Global integration v/s Local Responsiveness D. Local responsiveness
Last Answer : Globalization v/s localization
Description : An environment which is increasingly complex and turbulent displays: A. More orderly competition. B. A reduced risk of product obsolescence. C. More predictable demand. D. Increased speed of innovation.
Last Answer : Increased speed of innovation.
Description : Corporate governance is concerned with: A. Executive remuneration, disclosure of information, auditing and accounting procedures, and organizations' management structures B. Elections to the board of directors C. Relationships with national governments D. Corporate-level strategy
Last Answer : Executive remuneration, disclosure of information, auditing and accounting procedures, and organizations' management structures
Description : Professional culture refers to A. Shared belief of top managers about how they should manage about themselves and their employees B. Shared code of ethics and other commonalities shared by members of a give group C. Both (a) and (c) D. None of the above
Last Answer : Shared code of ethics and other commonalities shared by members of a give group
Description : The corporate culture of a firm is more effectively carried to the managers who are A. Host country nationals B. Home country nationals C. Third country nationals D. None of the above
Last Answer : Home country nationals
Description : Specific cultural dimensions that does not have a significant impact on cross national business interactions is A. Hofstede’s five cultural dimensions B. Monochromatic vs polychromatic tune C. CommunicationD. Geography
Last Answer : Geography
Description : In a global market place Managers must A. deals with economic, political and cultural differences B. expect competitors to suddenly appear at any time from any place C. not to take specific differences of local environment into consideration D. A and B
Last Answer : A and B
Last Answer : More orderly competition.
Description : _____________ is a cultural dimension in which people expect others in their group to look after them and protect them when they are in trouble. A. Power distance B. Collectivism C. Quantity of life D. Uncertainty avoidance
Last Answer : Collectivism
Description : According to the textbook, the most valuable framework to help managers better understand differences between national cultures was developed by ______________. A. Milton FriedmanB. Michael Porter C. Geert Hofstede D. Abraham Maslow
Last Answer : Geert Hofstede
Description : The reason that a nation's cultural differences are the most difficult to gain information about is because __________________. A. people tend to be sensitive about their own culture B. providing ... issue D. natives are least capable of explaining the unique characteristics of their own culture
Last Answer : “natives” are least capable of explaining the unique characteristics of their own culture